$372,420
●
House -
Off Market
28142 Stillwater Drive
Menifee, CA 92584
4 Beds
2 Baths,
1
Half Bath
1,785 Ft²
$521,954
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
THIS IS A FANTASTIC 4 BED 3 BATH RIGHT IN THE MIDDLE OF TOWN IN
BEAUTIFUL MENIFEE LAKES COMMUNITY WITH EASY FREEWAY ACCESS TO THE
215 AND EASY WALKING DISTANCE TO SHOPPING, SCHOOLS, AND QUICK
COMMUTE. FULL BED AND BATH DOWNSTAIRS, PERFECT FOR
MULTI-GENERATIONAL FAMILY. STAINLESS STEEL APPLIANCES, STAINED
KITCHEN CABINETS, FIREPLACE IN FAMILY ROOM, CEILING FANS IN EVERY
ROOM, SEPARATE LAUNDRY ROOM AND WHOLE HOUSE FAN THAT IS A COST
EFFECTIVE WAY TO KEEP THE HOME COOL.
THIS HOME HAS A LARGE YARD AND WOOD PATIO COVER WITH FANS. THIS HOME ALSO HAS A LOW TAX RATE AND LOW
HOA FEES.
THIS HOME HAS A LARGE YARD AND WOOD PATIO COVER WITH FANS. THIS HOME ALSO HAS A LOW TAX RATE AND LOW
HOA FEES.
Unit Size
1,785 Ft²
Days on Market
42 days
Land Size
0.10 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
$48
Year Built
1990
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SW20017353)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2023 | No longer available | - | |
| No longer available | |||
| Jan 31, 2023 | In contract | - | |
| In contract | |||
| Jan 6, 2023 | Price Decreased |
$542,000
↓ $17K
(3%) | |
| Price Decreased | |||
| Nov 4, 2022 | Price Decreased |
$559,000
↓ $7K
(1.2%) | |
| Price Decreased | |||
| Oct 18, 2022 | Listed by Opendoor Brokerage Inc. | $566,000 | |
| Listed by Opendoor Brokerage Inc. | |||
| | |||
|
This Menifee two-story home offers a patio, and a two-car garage. The manager has listed the unit size as 1785 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Menifee
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Listed by: James Shelby, Signature Real Estate Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20017353
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20017353
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